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Technology Stocks : Jabil Circuit (JBL)
JBL 210.06-0.3%Dec 1 3:59 PM EST

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To: John Morelli who wrote (3423)3/27/1998 12:33:00 AM
From: AHMAD AFTAB  Read Replies (1) of 6317
 
John this is the loneliest site on SI. It seems like all the posters on JBIL have sold out and moved on to do better things since there is no price movement in this stock. Just look at the volume today not even 500K. Someone mentioned that JBIL will move after the end of quarter window dressing is done with. IMHO JBIL is dead money until there is any direct or indirect news to bring the investors back and that could take weeks. IMHO this stock is seriously undervalued given the high growth rate and very low earnings multiple. Management's vague profit warning for next 2 Qs' has't helped much either. Tomorrow we could see 30(many investors don't like to hold positions over the weekend) before recovering to mid 30's by end of next week.
Of course this just MHO.
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